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The price of gold is at a record high. Here's why

The price of gold is at a record high. Here's why

NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That's the highest closing price recorded for the commodity to date.
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Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

WASHINGTON (AP) — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.
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The Weeknd set to live stream São Paulo concert for free on YouTube

The Weeknd set to live stream São Paulo concert for free on YouTube

The Weeknd is offering a glimpse into the next chapter of his career with a one-night-only concert streaming live on YouTube from São Paulo, Brazil.
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Shein sues Temu over copyright infringements as the legal feud between the two companies heats up

Shein sues Temu over copyright infringements as the legal feud between the two companies heats up

Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud.
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Government: US economy added 818,000 fewer jobs than first reported in year that ended in March

Government: US economy added 818,000 fewer jobs than first reported in year that ended in March

WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday.
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Ontario commuters to face disruptions if unprecedented rail work stoppage goes ahead

Ontario commuters to face disruptions if unprecedented rail work stoppage goes ahead

TORONTO — Thousands of Ontario commuters are looking at possible travel disruptions as the clock ticks down on a potential work stoppage at one of Canada's largest railways.
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Ford to shift EV strategy by building new lower-cost pickups and a commercial van

Ford to shift EV strategy by building new lower-cost pickups and a commercial van

DETROIT (AP) — Facing competition from automakers with lower costs , Ford Motor Co. is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new commercial van.
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A tale of two retailers: Target reverses sales slump while Macy's reports another quarterly decline

A tale of two retailers: Target reverses sales slump while Macy's reports another quarterly decline

NEW YORK (AP) — Grocery aisle deals and an emphasis on affordable but stylish clothes helped Target reverse a year-long sales slump, while Macy’s on Wednesday reported another quarterly decline and said sales for the fiscal year will be weaker than e
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Videotron adds destinations to Canada-International wireless plan

Videotron adds destinations to Canada-International wireless plan

MONTREAL — Videotron is adding more countries where its customers with a Canada-International plan can use their mobile phones without worrying about roaming charges.
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A look at recent major railway strikes at CN Rail and CPKC

A look at recent major railway strikes at CN Rail and CPKC

Canada has an active history of rail strikes dating back to at least the early 20th century. Here are some of the most recent job actions at the country's two main freight railways, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd.
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